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Politics

China hits back at US and allies with anti-sanctions law

Legislation called 'game changer' for companies complying with Western actions

China's new anti-sanctions law is believed to give its companies tools to fight back against Western penalties. (Photo by Akira Kodaka)
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | China

HONG KONG -- China retaliated against international sanctions on Thursday, passing a law believed to provide legal tools for its officials and companies in responding to Western penalties.

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